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Apr 23, 2013
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and clearly, because of our foreign policy, because of the freedoms we enjoy, there are individuals here in this country and certainly around the world who do not like america. they want to bring harm to america. and it's for that reason that we do have all of the laws we have put in place following 9/11 to ensure that we make america safe as possible, consistent with the protections provided under the constitution. >> okay. but do you think new york police commissioner chief ray kelly, who is probably one of the greatest in the history of the city, all right, really. they, of course, have a whole anti-terrorism, counterterrorism unit. they also, general gonzalez, they also monitor the muslim community. that is not to say that all muslims are radical jihadists, but they do monitor the muslim community. they take a lot of flack for it from liberals and left and certain media people. but that's what they do. when you look at this story, sir, in a sense, i hate to say this, but it's all the same. all these things. young, radical muslim men. radical jihadist. it's cookie-cutter. kelly wright
and clearly, because of our foreign policy, because of the freedoms we enjoy, there are individuals here in this country and certainly around the world who do not like america. they want to bring harm to america. and it's for that reason that we do have all of the laws we have put in place following 9/11 to ensure that we make america safe as possible, consistent with the protections provided under the constitution. >> okay. but do you think new york police commissioner chief ray kelly,...
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Apr 16, 2013
04/13
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i think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has seen a lot of liquidity expansion. first from the fed and then lastly from the bank of japan. and combined with the renewed commitment from the ecb to protect the euro, this has depressed yields to these kind of levels. i think it's difficult to see us going dramatically further. and if anything, strategically, we think that the three major problems in europe, the recession, inconsistent crisis management and rising political and social backlash against austerity are likely to come through and that leaves spain and italy very vulnerable to a sharp increase in yields. we're looking, for e
i think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has...
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Apr 19, 2013
04/13
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must be changed to reflect that, to train foreign terrorists who hate america, are at war with innocent americans and its institutions and that's why i say it's really time for a tougher and stronger new policies in order to protect america in its people. yes, immigration will be a part of our great country, and it also has to be controlled. >> do you think it ultimately has to change the fabric and culture of boston? >> there are some people that want to keep it the way it is. i want to make sure that public safetiet and security of innocent people is protected. that to me is the most fundamental issue and, yes, we'll protect our sacred liberties and freedoms, let's make sure we also protect innocent people from terrorist activities. >> ray flinn served as mayor of boston from 1994 to 1993 and thank you for joining us. >> we'll slip in a quick break. the latest situation on what's happening in boston and watertown. residents under lockdown. there's a shot of them earlier, but something is happening in watertown. we'll let you know if it happens under our watch. we'll be back. ask your
must be changed to reflect that, to train foreign terrorists who hate america, are at war with innocent americans and its institutions and that's why i say it's really time for a tougher and stronger new policies in order to protect america in its people. yes, immigration will be a part of our great country, and it also has to be controlled. >> do you think it ultimately has to change the fabric and culture of boston? >> there are some people that want to keep it the way it is. i...
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Apr 16, 2013
04/13
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the chicken little scenario, larry, we run trillion-dollar deficits, borrow half from foreigners, they'll stop lending us money or at least not at low rates and we'll crash. now, that's not going to happen. because of the energy boom, we're going to have the first trade surplus in a generation by 2020, as things are going. and that means we can finance things deficits as far as the eye can see. doesn't mean the economy isn't weak. we will have a deficit. the good news is, our credit is going to be good. the rest will keep lending us money at low interest rates and that's a big plus for the stock market. >> peter schiff, an interesting take that david goldman has used and i've given him a hat tip for it. energy independence, we don't have to import from the saudis other other people, the trade baume' go into surplus. that would be good for the dollar and that in turn would really crush gold. that's a strong dollar, not the volcker way, peter, as you pointed out. but through this energy story. >> well, first of all, you know, the dollar traded at a six-week low today versus other fee at cur
the chicken little scenario, larry, we run trillion-dollar deficits, borrow half from foreigners, they'll stop lending us money or at least not at low rates and we'll crash. now, that's not going to happen. because of the energy boom, we're going to have the first trade surplus in a generation by 2020, as things are going. and that means we can finance things deficits as far as the eye can see. doesn't mean the economy isn't weak. we will have a deficit. the good news is, our credit is going to...
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Apr 17, 2013
04/13
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and obviously one contentious p policy was power between employers and trade unions. arguably now the u.k. has a much better industrial relations record than it did before 1979. >> you have to remember though in the '70s, you and i were doing our homework by candlelight when we had a three-day week. it did need rebalancing from that point of view. takes those lessons from those micropolicies which were successful whether there's some lessons today that need to be drawn by this current government because they are trying to kick-start wider only ownership but thatcher gave people the right to own their own homes but they had to qualify for mortgage on affordable income. >> that's one thing which the thatcher government did particularly in the early to mid 1980s. the big liberalization financial markets. scrapping of competition and credit control happened a lot earlier. we had banks and buildings more able to lend the household sector. of course we had the big sales of public sectoral council housing to public sector tenants as well. we're starting from a very, very dif
and obviously one contentious p policy was power between employers and trade unions. arguably now the u.k. has a much better industrial relations record than it did before 1979. >> you have to remember though in the '70s, you and i were doing our homework by candlelight when we had a three-day week. it did need rebalancing from that point of view. takes those lessons from those micropolicies which were successful whether there's some lessons today that need to be drawn by this current...
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Apr 23, 2013
04/13
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for japanese investors, the incen incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion themselves. >> right. yeah. >> so the peripheral narrowing makes a lot of sense. german yields are at such low levels, i wouldn't want to be rushing to put some of the o'neill trust in there. i think the spread timing going on with it makes a bit of sense. >> it's just interesting, as you say, tu look at what japan is doing and the attention shifting now to not just what they hope to achieve, but whether they'll actually be able to accomplish it. after averaging 0.6% deflation for the last couple of decades, are they going to hit 2%? is there, you know, a reason why people here, after the rallies that we've s
for japanese investors, the incen incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion...